When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done
John Maynard KeynesPractical men who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back
John Maynard Keynes[Silvio] Gesell's chiefwork is written in cool and scientific terms, although it is run through by a more passionate and charged devotion to social justice than many think fit for a scholar. I believe that the future will learn more from the spirit of Gesell then from that of Marx.
John Maynard KeynesI find myself more and more relying for a solution of our problems on the invisible hand which I tried to eject from economic thinking twenty years ago.
John Maynard KeynesIn this autumn of 1919, in which I write, we are at the dead season of our fortunes.
John Maynard KeynesIf the Treasury were to fill old bottles with bank-notes, bury them at suitable depths in disused coal-mines which are then filled up to the surface with town rubbish, and leave it to private enterprise on well-tried principles of laissez-faire to dig the notes up again (the right to do so being obtained, of course, by tendering for leases of the note-bearing territory), there need be no more unemployment and, with the help of repercussions, the real income of the community, and its capital wealth, would probably become a good deal greater than it actually is.
John Maynard Keynes